{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-204973","form_type":"8-K","ticker":"FTCI","cik":"0001828161","company_name":"FTC Solar, Inc.","filed_at":"2026-05-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.034061+00:00","generated_at":"2026-05-14T23:32:22.384607+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"leadership","sentiment":"negative","materiality_score":0.7,"confidence":"high","headline":"FTC Solar appoints Anthony Carroll CEO; Q1 revenue falls 47% to $17.3M","bullets":["Anthony Carroll appointed President/CEO effective April 29, replacing Yann Brandt; Carroll previously CEO of Veev (Lennar) and President of Powin.","Q1 revenue $17.3M, down 47% QoQ and 17% YoY; GAAP net income $32.6M included warrant gain; non-GAAP net loss $10.5M ($0.67 loss per share).","Non-GAAP gross loss improved to $0.4M (2.2% margin) from $3.0M in Q1 2025; GAAP gross loss $1.2M (7.1% margin).","New CEO receives $700k base salary, $900k sign-on bonus (three annual installments), 400k time-based RSUs, and 200k performance RSUs with $10/$20 price hurdles.","Awarded 1GW 1P tracker agreement with a new leading global offtaker customer."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-204973","json":"https://secwatch.observer/filing/0001193125-26-204973.json","markdown":"https://secwatch.observer/filing/0001193125-26-204973.md","text":"https://secwatch.observer/filing/0001193125-26-204973.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1828161/000119312526204973/0001193125-26-204973-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1828161/000119312526204973/ftci-20260429.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T23:32:22.384607+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}